Group 1 - WPP plc is currently trading at a discount compared to other advertising and PR agency conglomerates in the public markets [2] - The reasons for WPP's discount include downgraded growth expectations and higher exposure to the APAC region compared to its peers [2] - The Value Lab offers a portfolio with real-time updates, regular global market news reports, and feedback on member stock ideas [2][3] Group 2 - The Valkyrie Trading Society consists of analysts focusing on high conviction and obscure developed market ideas that are expected to generate non-correlated and outsized returns [3] - The society operates as long-only investors, indicating a strategy focused on buying and holding assets [3]

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Financial Data and Key Metrics Changes - Revenue less pass-through costs fell 5% on a reported basis, with a 3.9 percentage point headwind from foreign exchange and a 0.5 percentage point contribution from acquisitions. On a like-for-like basis, revenue less pass-through costs declined 1.6% [13][14] - Adjusted net debt remained broadly flat year-on-year, with expectations of flat working capital in 2024 and net debt at the end of 2024 to be broadly flat versus 2023 [23] Business Line Data and Key Metrics Changes - Global Integrated Agencies declined 0.7% year-on-year, with GroupM growing 2.4% due to increased client investment in media, offset by U.S. client assignment losses and lower spending by technology clients [15] - Global integrated creative agencies saw a like-for-like decline of 3.3%, impacted by lower spend from technology clients and the roll-off of Pfizer [16] - Public Relations revenue less pass-through costs declined 3.3%, with FGS Global growing but offset by declines in BCW and Hill & Knowlton [17] - Specialist Agencies declined 7.6%, with smaller agencies affected by project-based spending delays, although CMI continued to deliver good growth [18] Market Data and Key Metrics Changes - North America declined 5.2%, reflecting larger exposure to technology clients and the loss of Pfizer [19] - The U.K. grew 0.3%, down from 7.4% a year ago, with growth in CPG offsetting declines in technology client spend [20] - Western Continental Europe grew 3.3%, with strength in France and Spain, partially offset by declines in Germany [20] - Asia Pacific declined 3.2%, with India growing 6.6% but China declining 15.4% due to a challenging macroeconomic environment [21] Company Strategy and Development Direction - The company is focused on implementing strategic moves outlined at the Capital Markets Day, aiming for a simpler, more agile organization and integrating technology and AI [3][6] - Continued investment in AI, with 50,000 users of WPP Open and integration of new models to enhance client offerings [11][28] - The company aims for 3% plus organic revenue growth, 16% to 17% headline operating margin, and 85% adjusted operating cash flow conversion [34] Management's Comments on Operating Environment and Future Outlook - Management noted that Q1 performance was in line with expectations, with anticipated improvement in technology client spending over the year [4][5] - The company reiterated guidance for the full year, expecting a return to growth supported by a strong new business pipeline [6][24] - Management expressed confidence in the strategic initiatives and their positive reception from clients [10][35] Other Important Information - The company has received accolades for its creative agencies, with Ogilvy recognized as Ad Age's Global Network of the Year [8] - Structural changes at VML, GroupM, and Burson are on track to deliver targeted savings, with minimal disruption to client-facing operations [9][63] Q&A Session Summary Question: Expectations for technology clients' spending - Management expects stability in technology clients' spending, with a positive trend anticipated over the year, driven by existing clients increasing their budgets [36][38] Question: Initiatives to regain momentum in China - A new management team is in place in China, with cautious budgeting for the year and expectations of continued challenges in the market [39][40] Question: Impact of generative AI tools on margins - The company is investing significantly in AI, with expectations that it will improve efficiency and potentially enhance margins over time [41][44] Question: Q2 performance expectations - Management anticipates improved performance in Q2 compared to Q1, aided by easier year-on-year comparisons and expected recovery in technology spending [49][50] Question: Updates on strategic initiatives and GroupM - Progress on strategic initiatives is strong, with cost actions on track and minimal disruption to client-facing operations [62][64] Question: Data and media capabilities compared to competitors - The company has a competitive data offer and is focused on enhancing its capabilities, particularly in the U.S. market [65][68] Question: Technology spending outlook - Management believes technology spending will recover gradually, similar to trends seen in other sectors [74][91]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 6-K ____________________ Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the Month of March 2024 Commission File Number: 001-38303 ______________________ WPP plc (Translation of registrant's name into English) ________________________ Sea Containers, 18 Upper Ground London, United Kingdom SE1 9GL (Address of principal executive offices) Indicate ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ¨ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 ...

WPP plc (NYSE:WPP) Q4 2023 Earnings Conference Call February 22, 2024 4:30 AM ET Company Participants Mark Read - CEO Joanne Wilson - CFO Tom Waldron - Head, IR Conference Call Participants Laura Metayer - Morgan Stanley Lisa Yang - Goldman Sachs Nicolas Langlet - BNP Paribas Tom Singlehurst - Citi Adrien de Saint Hilaire - Bank of America Julien Roch - Barclays Adam Berlin - UBS Mark Read Thank you very much and welcome everybody to WPP's Preliminary Results for 2023. I'm Mark Read. I'm joined here by Joan ...

| --- | --- | --- | --- | --- | |---------------------|---------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | Q3 UPDATE | TRADING | | | | | 26 October 2023 | | | | | CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This document contains statements that are, or may be deemed to be, "forward-looking statements". Forward- looking statements give the Company's current expectations or forecasts of future events. An investor can identify these statements by the fact that they do not re ...

WPP PLC (NYSE:WPP) Q2 2023 Earnings Conference Call August 4, 2023 4:30 AM ET Company Participants Mark Read - Chief Executive Officer Joanne Wilson - Chief Financial Officer Conference Call Participants Lisa Yang - Goldman Sachs Julien Roch - Barclays Matthew Walker - Credit Suisse Tom Singlehurst - Citi Mark Read Thank you very much and welcome everyone to WPP's First Half Results. I'm here in London with Joanne Wilson, our CFO at her first set of results; and Tom Waldron, who leads our Investor Relations ...

| --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | INTERIM RESULTS 04 August 2023 | | | | | | | | | | | | | | | | | CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This document contains statements that are, or may be deemed to be, "forward-looking statements". Forward- looking statements give the Company's current expectations or fore ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 6-K ____________________ Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the Month of August 2023 Commission File Number: 001-38303 ______________________ WPP plc (Translation of registrant's name into English) ________________________ Sea Containers, 18 Upper Ground London, United Kingdom SE1 9GL (Address of principal executive offices) Indicate ...